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Old 08-25-2008, 12:46 PM
stlokc stlokc is offline
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Join Date: Jul 2006
Total Posts: 101
Default Re: More High Rises?

Hot Rod-
I appreciate your enthusiasm for OKC and I share it. As a fellow ex-pat, I talk up Oklahoma City every chance I get. And I fully agree that the city has turned a corner and is moving in the right direction. I probably spent hours reading about the Devon Tower and studying the renderings.

I further agree that Larry Nichols has done, and continues to do tremendous things for OKC. By saying the word "dump" I did not mean to imply otherwise.

I guess I am curious what you know about American Fidelity "most likely" snapping up Devon's current tower. I know that it has been speculated, but I was not at all sure that that was more than a fleeting rumor. As for Chase Tower, I am sure that it will draw interest. But again, 17 floors is a lot of space to fill. When you say "Who wouldn't want to be in the signature leasable tower?" I would respond by saying that I would love to office there and most of the people on this board would love to office there. But just wanting it to be the case won't make it so. Let's think about the big suburban office users - do we have indications that any of the big ones are chomping at the bit to come downtown and just waiting for the right opportunity? If so, I would love to know who they are. If current downtowners move over there, that's fine but they will leave a hole wherever they are currently and that's not any more than a wash.

Again, I don't want to dampen your enthusiasm, as a matter of fact, I want to be even more optimistic about downtown than I am. But I still say there are a lot of unknowns and a lot of leasing activity to be contemplated before we could anticipate new office skyscrapers downtown.
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